Castor seed futures decline on muted spot cues

Castor seed prices drifted lower by Rs 41 to Rs 4,515 per quintal in futures trading on Dec 13 following trimming of positions by participants in tune with weak physical markets.Castor-Oil-Seeds2

Marketmen said reducing of bets by participants, driven by lower spot markets sentiment, mainly weighed on castor seed prices in futures trade here.

At the National Commodity and Derivative Exchange, castor seed for the most-traded delivery in January contracts slipped by Rs 41 or 0.90 per cent to Rs 4,515 per quintal, in an open interest of 78,980 lots.

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Castor seed futures slip on weak spot cues

Castor seed prices moved down by Rs 24 to Rs 4,586 per quintal in futures trade last week on cutting down on exposures by participants in line with weak physical markets sentiment.

Marketmen said trimming of holdings by the participants in tune with subdued physical trend mainly influenced castor seed futures prices here in future trading.

At the National Commodity and Derivative Exchange, castor seed for delivery in January declined by Rs 24 or 0.52 per cent to Rs 4,586 per quintal, clocking an open interest of 55,390 lots.

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Castor seed futures down by Rs 12 per quintal

Castor seed prices were down by Rs 12 to Rs 4,593 per quintal in futures trading on Dec 6 on trimming of positions by speculators in line with subdued physical market trend.Castor-Oil-Seeds-Traders

Marketmen said the fall in castor seed prices in futures trade to reducing of positions following mounting stocks on increased arrivals amid muted demand from consuming industries in spot markets.

At the National Commodity and Derivative Exchange, castor seed for most-traded delivery in January moved down by Rs 12 or 0.26 percent to Rs 4,593 per quintal, depicting an open interest of 51,630 lots.

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Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading today after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds-Traders

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

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Castorseed futures step up on spot cues

Castorseed prices marked higher by Rs 41 to Rs 4,622 per quintal in futures trading after participants accumulated positions amid a firm trend at the physical markets.Castor-Oil-Seeds2

At The National Commodity and Derivative Exchange, castorseed delivery for January contract climbed up by Rs 41 or 1.05 per cent to Rs 4,622 per quintal, with an open interest of 36,250 lots.

Also, the most-active contract to be delivered in current month advanced by Rs 39 or 0.86 per cent to Rs 4,566 per quintal, persisting an open interest in 55,580 lots.

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Castor Seed up in Futures Trade on Spot Demand

Castor seed prices went up by Rs 38 to Rs 4,337 per quintal in futures trading as speculators raised bets, tracking upbeat sentiment at the physical markets.castor-seeds_10421148_250x250

At the National Commodity and Derivative Exchange, castor seed for delivery this month traded higher by Rs 38 or 0.88 per cent to Rs 4,337 per quintal, with an open interest of 9,430 lots.

Castor seed to be delivered in December too gained Rs 28 or 0.64 per cent to Rs 4,389 per quintal, showing an open interest of 79,790 lots.

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Castor Seed Futures Decline Rs 23 per Quintal

Castor seed prices came down by Rs 23 to Rs 4,290 per quintal in futures trading as traders preferred to offload holdings, reflecting muted demand in the spot market.

Market players said drop in demand in soap, lubricant and paint industries in spot markets weighed on castor seed futures prices.Castor-Oil-Seeds-Traders

At the National Commodity and Derivative Exchange, castor seed delivery for the immediate contract November slipped by Rs 23, or 0.53 per cent, to Rs 4,290 per quintal, showing an open interest of 19,170 lots.

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Castor Seed Futures up on Physical Demand

Castor seed prices rose by 0.63 per cent to Rs 4,445 per quintal in futures trading on the back of widening of positions by speculators.Castor-Oil-Seeds2

At the National Commodity and Derivative Exchange, castor seed for delivery in December month gained Rs 28 or 0.63 per cent to Rs 4,445 per quintal, clocking an open interest of 69,800 lots.

Also, the November month contract was up by Rs 24 or 0.55 per cent to Rs 4,398 per quintal, depicting an open interest of 39,370 lots.

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Positive Spot Leads Lift Castor Seed Futures

Castor seed prices rebounded Rs 16 to Rs 4,508 per quintal in futures trade early November, after participants created fresh positions at the existing levels amid a firm trend in the physical market.

At the National Commodity and Derivative Exchange, castor seed for delivery in December contracts improved by Rs 16 — or 0.36 per cent — to Rs 4,508 per quintal, with an open interest of 53,800 lots.

Similarly, the most-traded delivery in November also went up Rs 14, or 0.32 per cent, to Rs 4,452 per quintal, having an open interest of 62,640 lots.

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Castor seed futures lean down on muted spot demand

Castor seed prices enquired lower by Rs 6 to Rs 4,534 per quintal in futures trading today as traders preferred to windup positions, guided by weak physical market.

At the National Commodity and Derivative Exchange counter, castor seed delivery for the November shaded by Rs 6 or 0.13 percent to Rs 4,534 per quintal, in an open interest of 74,790 lots.castor-seeds_10421148_250x250

In a similar manner, the delivery for the December off by same margins and percentage to Rs 4,587 per quintal, open interest stood at 42,880 lots.

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